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  • $142,400

    2627 E 40th St, Lorain, OH 44055

    3beds
    --sqft
    Single Family Residence
    Built in 2004
    6,912 Square Feet Lot
    $154,600 Zestimate®
    $--/sqft
    $1,500 Estimated rent

    Home value

    $154,600

    $138,000 - $173,000

    $1,500/mo

    Zestimate® history
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    What's special

    Well-sized bedroomsOpen floor planOpen-concept layoutQuiet cul-de-sacLarge windowsDining areaAmple cabinetry
    Welcome to your dream location on a quiet cul-de-sac in Lorain. This beautifully updated 3-bedroom, 2- full bathroom residence offers an open floor plan. New roof and bathroom installed. This is perfect for the new investor looking to purchase their first rental or seasoned investor ready to add to their portfolio. Also a great retirement potential for the future with all rooms accessible on one floor. As you step inside, you’re greeted by a bright and spacious living area featuring large windows that fill the space with natural light. The open-concept layout seamlessly connects the living room to the dining area and kitchen making it perfect for entertaining friends and family. The kitchen boasts built in stainless steel appliances, plenty of counter space, and ample cabinetry, ensuring a delightful cooking experience. Three well-sized bedrooms provide flexibility for guests, a home office, or playroom. Outside, the expansive and open backyard is perfect for summer barbecues and gatherings. Located in a friendly neighborhood, this home is just minutes away from local parks, shopping, and dining options. Current long term tenant on a month to month lease, pay your mortgage payment with the monthly rent. Don’t miss out on this fantastic opportunity to own an immediate investment piece of Lorain! Or as another option seller is open to owner financing. Call for more info! Schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Leah M Montgomery leahmarie@thealphaomegateam.com440-384-1231,

    Fathom Realty

    Bought with:

    Steven Lawson, 2020000096

    Russell Real Estate Services

    Source: MLS Now,MLS#: 5065659MLS LogoOriginating MLS: Other/Unspecificed

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher
    • Laundry: Main Level
    Features
    • High Ceilings, Vaulted Ceiling(s)
    • Has basement: No
    • Has fireplace: No

    Property

    Parking
    • Parking features: No Garage, On Site, Parking Pad, On Street
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,912 Square Feet
    Details
    • Parcel number: 0300079105008

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Slab
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Homewood
    HOA
    • Has HOA: No
    Location
    • Region: Lorain

    Financial & listing details

    • Tax assessed value: $108,000
    • Annual tax amount: $1,399
    • Date on market: 8/31/2024
    • Cumulative days on market: 38 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/20/2024Sold$142,400+5.5%
    Source: MLS Now #5065659 Report a problem
    10/7/2024Pending sale$135,000
    Source: MLS Now #5065659 Report a problem
    10/1/2024Price change$135,000-10%
    Source: MLS Now #5065659 Report a problem
    8/31/2024Listed for sale$150,000+30.4%
    Source: MLS Now #5065659 Report a problem
    11/1/2023Listing removed--
    Source: MLS Now #4454924 Report a problem
    8/22/2023Listed for sale$115,000
    Source: MLS Now #4454924 Report a problem
    7/23/2023Pending sale$115,000
    Source: MLS Now #4454924 Report a problem
    6/16/2023Listed for sale$115,000
    Source: MLS Now #4454924 Report a problem
    5/19/2023Listing removed--
    Source: MLS Now #4454924 Report a problem
    4/30/2023Listed for sale$115,000+53.3%
    Source: MLS Now #4454924 Report a problem
    12/2/2021Sold$75,000-11.8%
    Source: MLS Now #4319857 Report a problem
    10/8/2021Pending sale$85,000
    Source: MLS Now #4319857 Report a problem
    9/26/2021Listed for sale$85,000-14.9%
    Source: MLS Now #4319857 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    11/16/2020Listing removed$775
    Source: Owner Report a problem
    11/7/2020Listed for rent$775
    Source: Owner Report a problem
    7/30/2019Listing removed$775
    Source: Owner Report a problem
    6/26/2019Listed for rent$775
    Source: Owner Report a problem
    3/28/2008Listing removed$99,925
    Source: Point2 #2419747 Report a problem
    2/9/2008Listed for sale$99,925+487.8%
    Source: Point2 #2419747 Report a problem
    3/16/2004Sold$17,000+44.1%
    Source: Public Record Report a problem
    5/15/2003Sold$11,800
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,559 +11.4%$37,800 +39.1%
    2023$1,399 +0.9%$27,170
    2022$1,387 -2.5%$27,170
    2021$1,423 +7.9%$27,170 +24.2%
    2020$1,319 -28.6%$21,880 -29%
    2019$1,848 +2.6%$30,810
    2018$1,801 +22.2%$30,810 +29.6%
    2017$1,474 +0.8%$23,770
    2016$1,462 +6%$23,770
    2015$1,379 +4.7%$23,770 +4.4%
    2014$1,317 +0.8%$22,760
    2013$1,307 +3.3%$22,760
    2012$1,265 $22,760 -66.2%
    2011-- $67,300
    2010-- --
    2009-- --
    2008$252 +0.4%--
    2007$251 +0.3%--
    2006$250 -81.5%--
    2005$1,351 +554.8%--
    2004$206 +1.5%--
    2003$203 -6%--
    2002$216 -0.2%--
    2001$217 +18.2%--
    2000$183 --
    Find assessor info on the county website

    Neighborhood: 44055

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lorain CSD - 4709

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $154,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $154,600